Do Asia-Exposed Car Makers Have Edge?

Aug 29, 2011 2:52 am ET

Morgan Stanley MUFG Securities says earnings for aut omakers in Asia — where the macro and sales climates remain relatively healthy — are especially beneficial for Daihatsu Motor, which has defensive appeal in the current climate.

“We would see buying opportunities if shares corrected beyond current levels,” house analysts wrote in a report.

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